It’s official….the Death Cross has crossed for the S&P…(if that makes sense)


  • share

50 day MA on S&P crossed below the 200 day MA

The dreaded Death Cross has crossed for the S&P today (is that redundant?).  The Death Cross is one of those ominous technical «signals» that is supposed to be indicative of a peak in stocks.  I don’t know what it is called when the 50 moves ABOVE the 200 day — maybe the life cross — but the world can go crazy when the negative happens.
Anyway, the 50 day is at 2759.35 today. The 200 day MA is at 2762.04.  The 50 < the 200. So it’s official.  The Death Cross has been crossed.  

PS the last time the 50 crossed below the 200 day MA was back on 
ForexLive
Источник

0

Комментировать

Ваш e-mail не будет опубликован.

Этот сайт использует Akismet для борьбы со спамом. Узнайте как обрабатываются ваши данные комментариев.